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There are signs of a philosophy shift toward higher-mileage rental cars.
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The new fuel extraction unit from Extreme Fuel Transfer Systems Inc. uses patent-pending technology to simultaneously remove fuel from up to six vehicles at a time.
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While rentals are down 10-15 percent, operators are aggressively adapting to new market conditions and reaping the rewards.
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With fewer program cars and a cap on financing limits, it’s time to consider “fleeting up” with used vehicles.
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Jim Hallett of ADESA shared his insights on the future of the remarketing industry, in particular, the impact of technology.
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Wholesale auction prices have begun to stabilize, though the recent financial crisis could throw a monkey wrench into gains.
Read More →The majors say most SUVs are bought as program cars, protecting them from the drop in the used car market.
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Auto By Rent, a Springfield, Mo.–based RTO operation, says its licensees can maintain a 20 percent net profit before taxes when the business is in full swing and can expect a reasonable minimum net profit of $200,000 a year.
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When it’s time to “down fleet” or turn your rental vehicles over for the new model year, which vehicle preparation strategies can improve resale value? Further, what actions only break even or potent...
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Owning a used car sales franchise will deliver a better return on your off-fleet vehicles. But do you have the money to get in, can you play by the franchise rules and do you have an appetite to open a new business?
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